BREAKDOWN: HODL FOMO vs. Speculative FOMO – Why This Bitcoin Bull Market Will Be Different
As bitcoin crosses $17,000 it’s not retail speculation but a new, long-term investor mindset driving the price up.
This episode is sponsored by Crypto.com and Nexo.io.
Today on the Brief:
Tesla to join S&P 500Airbnb files for IPO The Mooch wants cryptoOur main discussion: HODL FOMO vs. Speculative FOMO.
The 2017-2018 bull run was driven by ICO mania and a relentless get-richism that was nothing if not short-term. As bitcoin passes $17,000 and questions of looming all-time highs start to make their way into mainstream press, it is a very new set of actors and a new set of thinking that is driving this movement.
The Twitter thread that inspired today's podcast:
twitter.com/CitizenBitcoin/status/1327276810363670529
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